Post by
goldopportunity on Dec 28, 2017 9:20pm
Fwiw…...
Alxdf closed at usd .058 = cdn .0730 (boc 1.2588 close)
Inside low, outside up high and close. Today alxdf closed higher than its oct high. Volume higher than last week's total volume, and we still have tomorrow. Many st indicators continue to zig-zag trade at their respective upper levels -- very bullish.
Based on currency exchange, azx sp on the cdnx looks to be one day ahead of alxdf on otc.
Bottom-line:
Based on today's closing chart, alxdf looks poised to close higher again tomorrow. It may even break and possibly close above usd .06. Volume most likely will be quite a bit higher.
Until alxdf plays catch-up, azx may take a breather tomorrow and churn between cdn .075 and .08. Keep in mind also that the gold indices look a bit toppy and ripe for profit-taking. Although the closing chart would suggest that azx won't break .08 tomorrow, if by chance it does, then we may have a very bullish divergence taking place.
So we'll see what happens. Stand your ground, folks. Jmvho.
goldopp
Comment by
easycoder on Dec 29, 2017 9:03am
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Comment by
goldopportunity on Dec 29, 2017 11:40am
Hey easycoder -- nice to see those few trades at usd .0625 alxdf and cdn .085 azx. But so far not enough follow-thru buy volume. Let's see what happens in next 2 hours. Jmvho. goldopp